833 1st St W

The 833 1st St W property is a 27-unit apartment building in Birmingham, AL that offers investors
a great opportunity to invest in a recently renovated property with a solid rental history.
Built in 1954, the property has undergone extensive renovations, including updates to electrical,
plumbing, cabinets, water heaters, heating and air conditioning, flooring, bathrooms , doors,
windows, and paint. The parking lot has also been upgraded with gravel and railroad ties, and there
is new landscaping and exterior lighting. The property is in good condition overall, but there may be
some wear and tear and deferred maintenance, such as the roofs on two of the buildings. The third
building’s roof is about 4 years old, and the first two buildings’ roofs were sealed and coated in 2021.
Some units may require occasional window units or flooring replacements, but these are mainly
cosmetic issues. With a great location in Birmingham, this property is a solid investment opportunity
with the potential for strong returns.